March 5, 2021 It was another tough week for markets as bond rates continued to climb. The U.S. 10-year treasury yield closed the week at 1.58%, up 0.65% from the beginning of the year. The move spurred investors to continue to flee interest-rate sensitive, long-term bonds and high-flying growth stocks, while the rotation into economically…
Read More
February 26, 2021 If investors had any question about whether or not cheap money lies at the heart of today’s valuations, you didn’t have to look much further than this week’s market action to get your answer. The Dow Jones Industrial Average managed to notch another record close Wednesday following dovish comments from Federal Reserve…
Read More
February 19, 2021 After a series of record-setting sessions, stocks struggled to find direction this week. Another string of strong economic reports – this time from retail sales and industrial output – were not enough to push stocks higher for the week. Investors turned cautious towards week’s end as initial claims for unemployment increased by…
Read More